Gibson borrows funds, in increments of $1,000, and repays them on the last day of the month. Repayments may be made in amy amount avalable. The company also pays its vendors on the last day of the month, It pays interest of 2 percent per month in ca on the last day of the month. To be prudent, the company desires to maintain a $19,000 cash balance. Prepare a cash budget. Complete this question by entering your answers in the tabs below. Prepare a selling and administrative expenses budget. Gibson borrows funds, in increments of $1,000, and repays them on the last day of the month. Repayments may be made in amy amount avalable. The company also pays its vendors on the last day of the month, It pays interest of 2 percent per month in ca on the last day of the month. To be prudent, the company desires to maintain a $19,000 cash balance. Prepare a cash budget. Complete this question by entering your answers in the tabs below. Prepare a selling and administrative expenses budget